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Dubai mega resort "Atlantis" lavish opening party While the rest of the world is tightening its belt, Dubai is throwing a US$20 million party Thursday complete with Hollywood celebrities and a fireworks show that organizers said would be visible from outer space 21 Nov 2008
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Mahindra Holidays lines up Rs.400 crore for expansion, IPO soon Mahindra Holidays & Resorts India Ltd, a subsidiary arm of auto major Mahindra & Mahindra said it plans to invest Rs.350-400 crore during 2008-09 to expand both organically as well as inorganically. 30 Sep 2008
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Punj Lloyd unit bags $280 million construction project in Singapore India's leading engineering and construction company, Punj Lloyd announced its subsidiary Sembawang Engineers & Constructors (SEC) has bagged a contract valued at $280 million (Singapore $400 million) to build part of the Marina Bay Sands integrated resort in Singapore. 23 Feb 2008
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Mahindra Holidays mull pre-IPO share sale Hospitality company Mahindra Holidays & Resorts Ltd said on Friday it may consider a pre-IPO sale of 2.5 million shares by end-January. 14 Dec 2007
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DLF to partner with Aman Resorts founder in $400 million deal India's largest real estate firm, in terms of market capitalisation, DLF Ltd, said it will hold equal stakes with Adrian Zecha, founder of luxury hotel chain, Aman Resorts, in the Singapore-based company in a transaction valued at $400 million. 29 Nov 2007
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Starwood Hotels, Anil Ambani Group in JV talks to launch St. Regis brand The Anil Dhirubhai Ambani Group is reportedly in talks with New York-based Starwood Hotels & Resorts Worldwide Inc., to launch its upscale luxury hotel brand St. Regis through a special purpose vehicle (SPV), the Economic Times has reported. 21 Nov 2007
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Tata buys ritzy Boston hotel for $ 170 million The Tata-owned Indian Hotels Co. Ltd., operator of Taj Hotels Resorts and Palaces, a unit of Tata Group conglomerate, has entered into a definitive agreement to purchase the landmark Ritz-Carlton Boston Hotel, once part of a hotel chain that engendered the word 'ritzy' to denote posh or fashionable, from Millennium Partners for $ 170 million. 13 Nov 2006
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Fractional Ownership Means Luxury for Less When Eric Pai is yearning for the beach, he packs up his wife and three kids and heads for Naples, Fla., to a $3 million second home right on the water, with flat-screen TVs, a stocked pantry, a private concierge and even a PlayStation for the kids. 21 Mar 2006
